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News
Fintech Stocks Rally On Report Of 40 Basis Point MDR On UPI, Paytm Touches 52-Week High
3+ day, 5+ hour ago (496+ words) The proposal could unlock a revenue stream of around ₹5,000-10,000 Cr for payments platforms like the four aforementioned companies, per an earlier research note by Jefferies MDR fees are likely to be set at around 40 bps of the transaction value for…...
RBI Governor Calls For Fintech To Double Down On Trust And Inclusion
4+ day, 1+ hour ago (880+ words) At GFF 2026, RBI Governor Sanjay Malhotra urged fintechs to focus on financial inclusion, consumer trust and responsible innovation The RBI is working with the fintech ecosystem as a strategic partner to make India a leader in global finance, developing the…...
Indian Fintech Moves Beyond AI Demos
5+ day, 14+ hour ago (1047+ words) AI is already transforming fintech operations, but its next frontier (influencing financial decisions and executing transactions) will depend on trust and regulation. To understand where the industry stands and where it is headed, Inc42 spoke with senior executives from Zeta, HyperVerge,…...
Bajaj Finance Picks Up 5% Stake in AI Video Startup TrueFan AI
6+ day, 5+ hour ago (614+ words) The investment strengthens Bajaj Finance’s AI push, with TrueFan AI’s technology already being used to create personalised videos for customer engagement and dealer enablement TrueFan AI is a Delhi NCR-based AI video platform that helps businesses create personalised videos using…...
PM Modi Urges Fintechs To Step Up Cybersecurity, Consumer Protection
6+ day, 1+ hour ago (622+ words) As the fintech industry moves beyond digital payments, Modi outlined four broad priorities for the sector – stronger cybersecurity, ethical data protection, better consumer protection and closer collaboration between industry and regulators. In his address, PM Modi also underlined that India…...
Upstox Launches US Stock Investing After IFSCA Nod
1+ week, 6+ hour ago (548+ words) Upstox has launched US stock investing on its platform, offering access to more than 8,000 US-listed stocks and over 2,000 ETFs The launch expands Upstox’s wealth management play as leading domestic brokerages prepare to offer international investing through GIFT City Users can…...
Zerodha Moves To The Other Side Of The IPO Table
1+ week, 2+ day ago (1609+ words) Zerodha is stepping into merchant banking, taking on established players in India’s booming IPO market. Zerodha does not want to go public itself. But it wants to be involved in almost everything that happens when another company does. “To run…...
Zerodha Gets SEBI Nod For Merchant Banking, To Focus On New-Age IPOs
1+ week, 4+ day ago (506+ words) The licence will allow Zerodha to manage IPOs and advise companies on equity fundraising as it expands beyond its core stockbroking business Zerodha expects to begin operations over the next few months, initially focusing on equity IPOs by new-age companies…...
Niyo To Acquire Capital India’s RemitX Forex Business For ₹11.4 Cr
1+ week, 6+ day ago (142+ words) Fintech startup Niyo has signed a definitive agreement to acquire the forex and cross-border business of Capital India Finance, operated under the RemitX brand. The acquisition will give digital-first Niyo an established offline distribution network comprising 32 branches and more than…...
boAt’s FY26 Profit Rises 38% To ₹85 Cr, Wearables Segment Turns Profitable
2+ week, 5+ day ago (614+ words) boAt’s PAT increased 38% YoY to ₹84.5 Cr in FY26 despite its operating revenue declining nearly 5% to ₹2,931 Cr Consumer electronics startup boAt’s profit after tax (PAT) increased 38% to ₹84.5 Cr in the financial year ended March 2026 (FY26) from ₹61.1 Cr in the previous fiscal year. The…...